XSW vs. IXP ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to iShares Global Telecom ETF (IXP)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$196.22

Average Daily Volume

14,900

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.72

Average Daily Volume

13,507

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XSW	IXP
30 Days	18.53%	2.64%
60 Days	22.38%	2.14%
90 Days	25.49%	6.66%
12 Months	45.95%	31.58%

2 Overlapping Holdings

	Symbol	Grade	Weight in XSW	Weight in IXP	Overlap
	EA	C	0.69%	0.91%	0.69%
	TTWO	B	0.74%	0.68%	0.68%

XSW Overweight 131 Positions Relative to IXP

Symbol	Grade	Weight
MSTR	C	2.02%
APP	B	1.74%
CIFR	C	1.27%
NNBR	C	1.18%
PLTR	B	1.05%
WULF	C	1.03%
RIOT	C	1.02%
BILL	A	1.02%
TEAM	B	0.91%
CLSK	C	0.9%
RBRK	B	0.89%
VERX	A	0.87%
CFLT	B	0.86%
MARA	C	0.85%
AI	B	0.85%
HUBS	B	0.85%
DOCU	A	0.84%
FRSH	C	0.82%
CRWD	B	0.82%
QTWO	A	0.82%
NCNO	B	0.82%
FIVN	C	0.81%
IDCC	A	0.81%
SOUN	C	0.8%
INTA	B	0.79%
CWAN	B	0.78%
PEGA	A	0.78%
BLND	B	0.78%
CRM	B	0.77%
ALKT	A	0.76%
PRO	C	0.76%
FICO	B	0.75%
DDOG	A	0.75%
KD	B	0.75%
OLO	B	0.74%
AGYS	B	0.74%
FTNT	C	0.74%
WK	B	0.74%
PCOR	B	0.73%
ATEN	B	0.73%
ALTR	B	0.72%
AUR	B	0.72%
RNG	B	0.72%
S	B	0.72%
RPD	C	0.72%
BL	B	0.71%
NTNX	B	0.71%
ORCL	C	0.71%
ESTC	C	0.71%
ZS	C	0.71%
CVLT	B	0.7%
PRGS	A	0.7%
EPAM	C	0.7%
NOW	B	0.7%
QLYS	C	0.7%
ADSK	B	0.7%
DJCO	B	0.7%
ZM	B	0.7%
GTLB	C	0.69%
DLB	B	0.69%
GWRE	B	0.69%
ASAN	C	0.69%
PLTK	B	0.68%
RBLX	C	0.68%
ACIW	B	0.68%
CDNS	B	0.68%
PANW	C	0.68%
SNPS	B	0.67%
IOT	B	0.67%
DV	C	0.67%
GEN	A	0.67%
RAMP	C	0.67%
ZUO	C	0.67%
U	C	0.66%
QXO	D	0.66%
ALRM	C	0.66%
DBX	C	0.66%
PTC	A	0.66%
APPN	C	0.66%
SMAR	A	0.65%
ANSS	B	0.65%
VYX	C	0.65%
PD	C	0.64%
SPT	C	0.64%
MITK	C	0.63%
WDAY	C	0.63%
SWI	B	0.63%
SEMR	C	0.63%
TDC	D	0.63%
APPF	B	0.62%
ACN	B	0.62%
BRZE	C	0.62%
TENB	C	0.62%
PATH	C	0.62%
MANH	C	0.62%
OSPN	A	0.62%
TYL	A	0.62%
CTSH	B	0.61%
DT	C	0.61%
ENV	B	0.61%
INFA	D	0.61%
IT	C	0.61%
INTU	C	0.6%
YEXT	A	0.6%
ROP	B	0.6%
BOX	A	0.6%
DXC	B	0.6%
IBM	C	0.6%
HCP	B	0.6%
BLKB	B	0.59%
CXM	C	0.59%
MSFT	D	0.58%
BSY	D	0.57%
GDYN	B	0.57%
MLNK	C	0.56%
IBUY	A	0.56%
VRNS	D	0.56%
ADBE	C	0.56%
SPSC	C	0.56%
ASGN	D	0.55%
VRNT	C	0.53%
YOU	D	0.53%
ZETA	D	0.51%
NABL	F	0.49%
JAMF	F	0.48%
WEAV	B	0.46%
ETWO	F	0.41%
DMRC	C	0.4%
HCKT	B	0.39%
CCSI	B	0.37%
LGTY	D	0.25%

XSW Underweight 22 Positions Relative to IXP

Symbol	Grade	Weight
META	D	-22.4%
GOOGL	C	-12.94%
GOOG	C	-10.69%
NFLX	B	-5.0%
DIS	B	-4.88%
VZ	B	-3.94%
CMCSA	C	-3.88%
T	A	-3.8%
TMUS	A	-2.7%
CHTR	C	-0.88%
BIDU	F	-0.56%
WBD	C	-0.48%
LYV	A	-0.47%
OMC	C	-0.44%
CHT	C	-0.34%
NWSA	B	-0.25%
IPG	C	-0.24%
FOXA	C	-0.24%
MTCH	F	-0.19%
PARA	C	-0.15%
FOX	B	-0.13%
NWS	B	-0.08%